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ITC Holdings (ITC Holdings) Cyclically Adjusted Revenue per Share : $0.00 (As of Jun. 2016)


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What is ITC Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

ITC Holdings's adjusted revenue per share for the three months ended in Jun. 2016 was $1.949. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.00 for the trailing ten years ended in Jun. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-05), ITC Holdings's current stock price is $45.50. ITC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 was $0.00. ITC Holdings's Cyclically Adjusted PS Ratio of today is .


ITC Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ITC Holdings's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ITC Holdings Cyclically Adjusted Revenue per Share Chart

ITC Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Revenue per Share
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ITC Holdings Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of ITC Holdings's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, ITC Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ITC Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ITC Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ITC Holdings's Cyclically Adjusted PS Ratio falls into.



ITC Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ITC Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=1.949/101.6881*101.6881
=1.949

Current CPI (Jun. 2016) = 101.6881.

ITC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 0.611 85.606 0.726
200612 0.672 85.142 0.803
200703 0.780 86.640 0.915
200706 0.816 87.906 0.944
200709 0.836 87.964 0.966
200712 0.838 88.616 0.962
200803 0.975 90.090 1.101
200806 1.066 92.320 1.174
200809 1.083 92.307 1.193
200812 1.021 88.697 1.171
200903 1.039 89.744 1.177
200906 1.051 91.003 1.174
200909 1.007 91.120 1.124
200912 1.042 91.111 1.163
201003 1.070 91.821 1.185
201006 1.117 91.962 1.235
201009 1.176 92.162 1.298
201012 1.250 92.474 1.375
201103 1.179 94.283 1.272
201106 1.209 95.235 1.291
201109 1.246 95.727 1.324
201112 1.316 95.213 1.405
201203 1.276 96.783 1.341
201206 1.278 96.819 1.342
201209 1.387 97.633 1.445
201212 1.433 96.871 1.504
201303 1.389 98.209 1.438
201306 1.464 98.518 1.511
201309 1.518 98.790 1.563
201312 1.626 98.326 1.682
201403 1.640 99.695 1.673
201406 1.666 100.560 1.685
201409 1.734 100.428 1.756
201412 1.474 99.070 1.513
201503 1.753 99.621 1.789
201506 1.770 100.684 1.788
201509 1.757 100.392 1.780
201512 1.448 99.792 1.476
201603 1.837 100.470 1.859
201606 1.949 101.688 1.949

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


ITC Holdings  (NYSE:ITC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ITC Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of ITC Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ITC Holdings (ITC Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ITC Holdings Corp was incorporated in 2002 in the State of Michigan for the purpose of acquiring ITC Transmission. The Company, along with its subsidiaries, is engaged in transmission of electricity in the United States. Through its operating subsidiaries, ITCTransmission, METC, ITC Midwest and ITC Great Plains, it operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company operates, maintains and invests in transmission infrastructure in order to enhance system integrity and reliability, reduces transmission constraints and allows new generating resources to interconnect to its transmission systems. Its Regulated Operating Subsidiaries are independent electric transmission utilities, with rates regulated by the FERC and established on a cost-of-service model. The Company's Regulated Operating Subsidiaries earns revenues through tariff rates charged for the use of their electric transmission systems by its customers, which include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. The Company's operations are subject to federal, state and local environmental laws and regulations, which impose limitations on the discharge of pollutants into the environment, establish standards for the management, treatment, storage, transportation and disposal of hazardous materials and of solid and hazardous wastes, and impose obligations to investigate and remediate contamination in certain circumstances.
Executives
Edward G Jepsen director C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492
Rejji P Hayes officer: EVP & CFO ONE ENERGY PLAZA, JACKSON MI 49201
Thomas G Stephens director 777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925
Dave R Lopez director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Lee C Stewart director PO BOX 816, SHARON CT 06069
Chris Franklin director 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Cameron M Bready officer: EVP & Chief Financial Officer 3550 LENOX RD, ATLANTA GA 30326
Watts J C Jr director

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